Mr_Guapo

BTCUSD crucial moment

BITFINEX:BTCUSD   Bitcoin
BTC reaching another crucial point! We have an upper triangle trend which could either mean we are going up or down. Currently failing to break the 6700$ line. However we have positive signs on the MACD, RSI and volume slowly increasing. These trends show positive vibes in the market followed with good news. If we break up we will meet the 0.786 region of the Fibonacci retracement. However i belive if we meet the 20 Day moving average, we might see a fall in the market, heading towards the 5800$ line! Lets see how the next 5 days will go to see if we are bullish or bearish.
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